Once again, the events of the last month have shown that the drive to grow the U.S. offshore wind segment has lost little steam. The foundations are firmly in place to support the deployment of 30 gigawatts (GW) of offshore wind by 2030 and 110 GW by 2050…
President Joe Biden's administration on Tuesday said it would hold the first-ever sale of offshore wind development rights off the coast of California on Dec. 6, a big step forward in expanding the nascent U.S. industry to Pacific waters.The…
Solstad Offshore, a Norwegian company that owns and operates offshore support vessels, has won a contract for the subsea construction vessel Normand Baltic and a contract extension for the subsea construction vessel Normand Navigator.The contracts…
Estaleiro Jurong Aracruz (EJA), a Brazilian subsidiary of Singapore's Sembcorp Marine, has completed the construction of the P-71 FPSO, integrating topsides on the China-built hull.The new FPSO vessel left the EJA shipyard on Tuesday. It will…
On the night of September 26, near the end of the calm season on the Baltic, a broiling kilometer-wide circle disturbed the face of the sea and a huge mass of methane erupted into the air. The gas formed a cloud that crossed Europe, in what’s…
Oil output at the giant Exxon-led Sakhalin-1 Russian Pacific project collapsed following the U.S. major's refusal to accept local insurance for tankers after Western insurers pulled out due to sanctions, several industry sources told Reuters…
The Dutch FPSO leasing specialist SBM Offshore said Friday the construction of the topside modules had kicked off in Singapore for one of the company's largest-ever FPSO units, the One Guyana FPSO.'During September this year, two steel strike…
Russia needs permission for its vessels to conduct investigations into explosions that damaged Nord Stream pipelines in the Baltic Sea, Deputy Prime Minister Alexander Novak said on Friday. He did not specify who should grant the permission…
Equinor, a Norwegian oil company, said on Friday that it had recently awarded six offshore vessel contracts to five shipowners. The total value of the contracts, including options, is estimated to be more than NOK 2.5 billion ($235,6 million)…
Norway-based Havila Shipping ASA said it has entered into contracts with Peterson Den Helder BV for two of its platform supply vessels (PSV), Havila Borg and Havila Herøy.Havila Borg has been chartered for a fixed period of six months, plus one optional period of 12 months…
Danish offshore wind installation company Cadeler said Wednesday it had secured a contract with an undisclosed client for its recently ordered hybrid F-class vessel that will keep the vessel busy from 2027 to 2030. 'If all options are called during the four-year agreement…
In a recent interview with Offshore Engineer TV, to be published in the September/October edition of Offshore Engineer, Carl Trowell, CEO, Acteon Group, discusses how his company is balancing the transition to 'new energy,' putting in perspective…
A spokesperson for Russian energy giant Gazprom said on Monday that a mine destroyer discovered at the Nord Stream 1 offshore gas pipeline in 2015 belonged to NATO. Nord Stream reported on that date in 2015 that a 'munitions object' had been cleared by the Swedish armed forces…
Lloyd’s Register (LR) and Triumph Energy (Triumph), a marine technology company specializing in green technology and automation, have announced a new Joint Development Project (JDP) to ensure vessels are built and operated sustainably. The collaboration…
India-based Reliance Industries' recently delivered FPSO Ruby on Sunday collided ‘lightly’ with an accommodation barge offshore the east coast of India, India’s Economic Times reported on the same day.The news website cited a Reliance spokesperson…